CDD 2.33% 42.0¢ cardno limited

Ann: Sale of Americas and Asia Pacific Consulting Divisions, page-7

  1. 122 Posts.
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    this is a full and fair price. excellent outcome for shareholders (frankly, a good deal north of what I thought they would get).

    as speculated, the competitive tension in the process; coupled with the smoke signals of behavior from the company (re the proxy docs; not giving guidance, etc; and paying out all cash as a dividend) suggested a deal was closely in the offing.

    well done to all those who stayed in it.
 
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